Foresting - Blockchain-Based Social Media

maniakbtc (1)(1)in #cryptocurrency • 6 years ago

We live in an age of technology and communication. In the 21st century it seems that the Internet and social networks have always been with us, although even decades ago it was even difficult to imagine that the world of communications would rise to such a high level. Our world is following the path of the most simple and convenient exchange of information. Now the vast majority of people, at least developed countries, use different social networks every day, many of them create and promote their own content on the web. Social networks quickly penetrated into our life and became a part of it, so you can not underestimate the role of social sites.

According to the latest data for 2018 in social networks there are about 3 billion active users, and this number is increasing day by day. Social media has changed the world and laid the foundation for a new digital economy. Nevertheless, even in this area, there are certain problems that need to be addressed. As is known, user data left in social networks becomes a commodity. Owners of social sites sell user data for targeted advertising, social media traffic and the content created on them - the main source of revenue for companies. Currently, the main problem is the lack of an equitable reward system for creators of unique content and insecurity of personal information. The FORESTING project is going to solve these problems.

FORESTING is a social network based on blockchain technology. The difference and main advantage of the platform is the fair distribution of income for each user who creates content that benefits the platform in some form.

FORESTING differs from the distribution system of traditional social networks, where all income from the sites goes directly to their organizers. FORESTING consists of the following subsections based on the blockbuster:

a social networking platform for sharing information;
digital banking services for FORESTING participants;
a FORESTING community support lab and content creators.

The FORESTING network is a world created by the participants of the platform

FORESTING is a modern platform that allows its participants to qualitatively determine the contribution of the content creator to providing awards using the distributed consensus method. FORESTING is a huge step forward, the social network is a combination of "Forest", "Network", "Connection" and "Interaction". FORESTING intends to become the main social media, blocking the economic freedom for content creators. FORESTING will increase the effectiveness and influence of content providers, which significantly distinguishes this project from traditional social networks, where content creators are not rewarded at all and their remuneration is minimal. FORESTING will support all types of content: articles, photos, video, audio, that is, in fact, will provide a social network focused on any demanded content.

FORESTING Bank is responsible for supporting the financial services that are required by site users who create content in the FORESTING network. The contribution of the platform participants will be evaluated on the basis of a completely new valuation model submitted by FORESTING Bank. The participants of the network will be provided with various financial services depending on the level of the contribution on the platform. And the emphasis will be on the quality of content, and not on the maximum traffic, as is customary in the old social media. Users will be able to improve their credit ratings by simply creating content, commenting, bringing any benefit to the community.

FORESTING LAB - the task of the laboratory - to create all the necessary infrastructure for the FORESTING network. This is some kind of offline space with all the necessary equipment for creating content (cameras, microphones, light sources, speakers). This is aimed at uniting the community and creating all the comfortable conditions for creativity. Thus, no one else will have to give up content creation because of a lack of space or equipment for creating content.

The main functions of the platform:

The function of trading in real time
The coordinated DPoS algorithm
P2P transactions based on Masternode.
Support for content creators.
Content review and ratings.
Financial services.
Offline and online training.
The open advertising market.

ICO Details

The official token of the project is the PTON token

Price Price 1 ETH = 50,000 PTONs
Cost of 1 ETH = 33,333 PTONs
Platform - Ethereum
ETH is accepted for payment, minimum investment is 1 ETH
Softcoop 90,000 EH, hard drive 170,000 ETH
Country - Singapore
KYC - required

The project team

In the team of this project specialists in the field of blockchain, IT, media, public relations and marketing. If you become more familiar with the data provided on the official website of the project, you will see that each member of the team has a proven experience at the linkedin site. All employees of the team are specialists with a wide experience of work, who have enough knowledge, business ties to realize such a large-scale project. The team is professional and important, with a successful work experience.

Conclusion

it should be said that the project is very ambitious and is designed for several years. Technical documentation consists of 130 pages and contains a huge amount of information about all the details of the project and its implementation. It's no wonder that with such a planned amount of work, the team sets up a very impressive software, especially for such an unstable and falling market, as it is now. But as it became known the other day, preshed successfully completed and sold 2.2 billion tokens, that is, support for investors is very high. In addition, this project differs from hundreds of others in the presence of MVP, a professional team and a detailed study of the project. For those who are interested in FORESTING, I advise you to get acquainted with the WP, the project site and already personally decide whether it is worth investing